by Ryan Kapowich

The November 2007 Completed Sales Report for South San Jose Single-Family Homes saw a closing of 7 sales receiving 97.83% of list price. These closings represented a median price of $573,500 and an average price of $577,714. Seventy-nine new listings were also reported.

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South San Jose Condos/Townhouses had 5 closed sales receiving 95.28% of list price. These closings represented a median price of $315,000 and
an average price of $342,000. There were sixteen new listings for the
month of November.

Single-family homes in South San Jose had an average of 102 days on
market (DOM) and 146 cumulative days on market (CDOM).
Condos/Townhouses had an average of 91 DOM
and 138 CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
SILVAR and SCCAOR which partly supports REInfoLink,
a Multiple Listing Service (MLS). REInfoLink also maintains
statistics on real estate transactions for Santa Clara County
and San Mateo County. We love this stuff!

Pat Kapowich,
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com